Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 2,221 Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS cut its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 2.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 93,495 shares of the company’s stock after selling 2,221 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Norwegian Cruise Line were worth $2,406,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in NCLH. State Street Corp boosted its position in Norwegian Cruise Line by 4.3% in the third quarter. State Street Corp now owns 15,241,984 shares of the company’s stock valued at $312,613,000 after buying an additional 621,793 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Norwegian Cruise Line by 2.6% during the 3rd quarter. Geode Capital Management LLC now owns 10,522,834 shares of the company’s stock valued at $215,481,000 after acquiring an additional 261,925 shares in the last quarter. Two Sigma Advisers LP grew its position in Norwegian Cruise Line by 864.9% during the 3rd quarter. Two Sigma Advisers LP now owns 3,864,600 shares of the company’s stock worth $79,263,000 after acquiring an additional 3,464,100 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Norwegian Cruise Line by 1.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,547,816 shares of the company’s stock worth $91,285,000 after purchasing an additional 47,507 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in Norwegian Cruise Line by 3.7% in the fourth quarter. Bank of New York Mellon Corp now owns 2,533,849 shares of the company’s stock valued at $65,196,000 after purchasing an additional 91,377 shares during the last quarter. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Norwegian Cruise Line Stock Up 1.6 %

Shares of NYSE:NCLH opened at $20.73 on Tuesday. The company has a debt-to-equity ratio of 10.35, a quick ratio of 0.17 and a current ratio of 0.20. Norwegian Cruise Line Holdings Ltd. has a 52-week low of $14.69 and a 52-week high of $29.29. The business’s 50 day simple moving average is $24.39 and its two-hundred day simple moving average is $24.34. The firm has a market cap of $9.12 billion, a P/E ratio of 19.01, a PEG ratio of 0.24 and a beta of 2.62.

Analysts Set New Price Targets

A number of brokerages recently issued reports on NCLH. JPMorgan Chase & Co. upgraded shares of Norwegian Cruise Line from a “neutral” rating to an “overweight” rating and set a $30.00 price objective for the company in a report on Monday, March 17th. The Goldman Sachs Group set a $34.00 target price on Norwegian Cruise Line in a report on Thursday, January 23rd. Morgan Stanley upgraded Norwegian Cruise Line from an “underweight” rating to an “equal weight” rating and lowered their price objective for the stock from $27.00 to $22.00 in a research report on Friday. Citigroup upped their target price on Norwegian Cruise Line from $32.00 to $34.00 and gave the company a “buy” rating in a report on Friday, February 28th. Finally, Barclays upgraded shares of Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $28.00 to $32.00 in a research report on Friday, December 13th. Eight investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Norwegian Cruise Line presently has an average rating of “Moderate Buy” and an average target price of $28.94.

About Norwegian Cruise Line

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean.